Stock market tips and experiences

MJC///M3 · 10-26-2009, 12:51 PM

You can do a variety of online brokers.

Scottrade is real good, I use that for day-trading, it has a real neat interface. Charts, graphs, historical price data, trend analysis.

I also have a Schwab brokerage account for more "long-term" investments.

Are you referring to www.sec.gov?? You can find pertinent reports on that site I believe...10K...etc.

Spoolin335 · 10-26-2009, 03:26 PM

buy low, sell high. works for me..

i do all my trades online, very easy and quick.

oldaccount · 10-26-2009, 04:12 PM

1. Buy high
2. Sell low
3. ????
4. Profit.

Best Regards,
Suareezay

yomama69 · 10-26-2009, 04:23 PM

Read Prospectuses.

ejazbmw · 10-26-2009, 04:27 PM

i've been talking to one of my finance professors hes gonna help me get start actually so im pretty excited....and thanks for some the tips

fdsasdasdf · 10-26-2009, 05:40 PM

There is a looooot of stuff that goes into stocks. In the end it boils down to buy low sell high, but in order to do that you must understand many financial terms and concepts.

Jammin Jason · 10-26-2009, 05:43 PM

give investments to a stock broker and watch that money tree grow!

best regards,
jason

Spoolin335 · 10-26-2009, 05:58 PM

All i look at is the trends and read into the company. I dont look at the P/E ratio, or the EPS or any of that crap. I'm not going to buy a stock just because it has a low P/E ratio...

I find if you pick a bunch of stocks and watch them, you will learn when its a good time to buy based on the trends. Also if a company is going to release their quarterly earnings and you know the company is doing well, odds are the share price might jump up a bit.

If a company is getting bought out by another company, thats also usually something you would want to jump on. Company being bought usually goes up. Take the Petro Canada, and Suncor deal for example.. or one thats been in process for months is the Agrium and CF Industries deal.

Its really not as complicated as people make it sound. Ive made 100% profit in 6 months using the same methods i described above.

Just FYI, you probably want to stay away from penny stocks and ETF's until you understand more about the market, as they are usually for day traders.

Buying into anything oil related will probably make you some coin.

persian54 · 10-27-2009, 02:24 AM

http://www.investopedia.com/?viewed=1

your friend

persian54 · 10-27-2009, 02:25 AM

Quote:

Originally Posted by Jammin Jason

give investments to a stock broker and watch that money tree grow!

best regards,
jason

I highly disagree...

The Mutual Fund my broker invested my money into years ago is still in the negative...

I have to wait another few years to hope to get my money back..

I learned that I have to do everything on my own through my own research and my own judgement; at least I have no one to blame but myself if anything goes wrong...

persian54 · 10-27-2009, 02:28 AM

Quote:

Originally Posted by MJC///M3

You can do a variety of online brokers.

Scottrade is real good, I use that for day-trading, it has a real neat interface. Charts, graphs, historical price data, trend analysis.

I also have a Schwab brokerage account for more "long-term" investments.

Are you referring to www.sec.gov?? You can find pertinent reports on that site I believe...10K...etc.

+1 on Scottrade
I love Scottrade Elite
One of the reasons I installed Windows on my Mac

But recently I've gone over to BofA as they offer 30 commission free trades a month

$7 at Scottrade isn't bad, but 7x30 is already a $210 savings a month, which is where most of my extra mod money has come from heh

eTrade has some amazing tools too, but their commissions are a bit high for day-trading

Btw, stay away from day-trading... at least for now

play the fake stock games :P
I did those in HS as part of my Econ and Investments classes and it helped out amazingly.

persian54 · 10-27-2009, 02:33 AM

Quote:

Originally Posted by Spoolin335

All i look at is the trends and read into the company. I dont look at the P/E ratio, or the EPS or any of that crap. I'm not going to buy a stock just because it has a low P/E ratio...

I find if you pick a bunch of stocks and watch them, you will learn when its a good time to buy based on the trends. Also if a company is going to release their quarterly earnings and you know the company is doing well, odds are the share price might jump up a bit.

If a company is getting bought out by another company, thats also usually something you would want to jump on. Company being bought usually goes up. Take the Petro Canada, and Suncor deal for example.. or one thats been in process for months is the Agrium and CF Industries deal.

Its really not as complicated as people make it sound. Ive made 100% profit in 6 months using the same methods i described above.

Just FYI, you probably want to stay away from penny stocks and ETF's until you understand more about the market, as they are usually for day traders.

Buying into anything oil related will probably make you some coin.

This is who you should be listening too

Penny stocks are great for making money, but also for losing everything...

I almost sold my IFX when it dropped to penny status but ended up just buying more and than being happy with it (went from about 50 cents to $6)
Symbol changed, but still the same thing pretty much

Read, read, play around online, then put aside money that if you lost it, wouldn't affect your lifestyle.

the stock market is the world's biggest casino, yet your odds are much better (you can 'cheat' by knowing information about the stocks etc)

Learn, enjoy, have fun, get sad, hate yourself, hate the market, love the market, get rich.

Do any of those in any order, just make sure 'get rich' stays where it is

Vudoo4u2 · 10-27-2009, 05:16 AM

stop by tdameritrade.com

I had an account there for a number of years and had a fantastic experience. Ive even called them @ 2am regarding IPOs and they answered instantly. The fees are relatively low @ I think 9.99 per trade? which if youre trying to learn, you should be doing some research first, finding general sectors of the market you think will do well relative to the world, and then pick a company within that sector that you research to be outperforming vs its competition.

some great sites for market info, and some great reads on a daily basis:

-ft.com
-wsj.com
-bloomberg.com

bloomberg is usually a rehash of some ft and wsj articles, but you can get some great macro market news out of this.

once you find a sector that interests you, you can go to finance.yahoo.com and delve a little deeper into stocks within that sector, and you can start to do some more one on one research into companies in that area of the market.

rule #1, just because you like it as a person, doesnt mean its a good investment.
rule #2, just because a company is doing well, doesnt make it a good investment, it has to be doing well, and be undervalued for you to want it (the game is in valuation)
rule #3, once you make a decision, start small, buy a share to see how it goes, set an upside and a downside performance goal. (for reference: 20% is a very aggressive goal, 10% would be a stellar year, perhaps start with 10% up or down)
rule #4, no matter what a stripper tells you, dont buy penny stocks

**if you talk to the tdameritrade person on the phone and tell them you are starting and want to see how it goes, request a few free trades, and I am sure they will oblige to waive your first few trade fees.

as a general market quickie for you:
-rumors of federal reserve reconsidering its wording in reference to "extended period" of low rates...ie...they want to possibly raise interest rates sooner than they expected, which means that they are starting to get more concerned with inflation, than a recession
-the dollar is very weak, which is allowing our exports to flourish currently and it is fueling our market recovery, but beware, once the fed starts to nod at raising rates, the dollar will likely strengthen, and you will see some treasury related moves that may put pressure on equities
-some sectors that have outperformed as of late are the tech sector, companies like apple + intel have reported very strong earnings this quarter with good outlooks. financials have outperformed largely due to government assistance to help them out of the turmoil the fastest.

disclosure: i am long apple stock, and all the above are my OPINIONS only, brought together by no other basis than my own meandering experience

MJC///M3 · 10-27-2009, 09:24 AM

Quote:

Originally Posted by persian54

+1 on Scottrade
I love Scottrade Elite
One of the reasons I installed Windows on my Mac

But recently I've gone over to BofA as they offer 30 commission free trades a month

$7 at Scottrade isn't bad, but 7x30 is already a $210 savings a month, which is where most of my extra mod money has come from heh

eTrade has some amazing tools too, but their commissions are a bit high for day-trading

Btw, stay away from day-trading... at least for now

play the fake stock games :P
I did those in HS as part of my Econ and Investments classes and it helped out amazingly.

wow thats pretty sweet with regards to BofA...I might have to check them out. Yea Scottrade is pretty boss. Hahah...day-trading has been interesting.....but doing relatively well for myself. Kinda figured we'd have a nice pull-back as we are seeing currently....that DOW 10K was a joke.

jaiman · 10-27-2009, 09:27 AM

If you can't calculate the risk adjusted return of your trading, you shouldn't be doing it.

ejazbmw · 10-27-2009, 09:32 AM

some good advice here guys thanks a lot. I now just have to make up my mind on how much money am i willing to lose lol

MJC///M3 · 10-27-2009, 09:32 AM

Quote:

Originally Posted by ejazbmw

i've been talking to one of my finance professors hes gonna help me get start actually so im pretty excited....and thanks for some the tips

Thats great dude. Don't just take tips though....try and come up with your own strategies as well. My Uncle runs a hedge fund and is a very intelligent and successful person; when I first got into this, naturally I went to him for advice. His advice was to start a small dummy account...like on Forex (for example) where it is simply phantom money. Come up with a strategy...and trade based on that strategy and your interpretation of subsequent economic data that you feel would affect your positions (whether it being positive or negative). You must be honest with yourself, dont just go out there and take positions, otherwise you will never learn and effectively be able manage risk.

persian54 · 10-27-2009, 06:39 PM

Quote:

Originally Posted by MJC///M3

wow thats pretty sweet with regards to BofA...I might have to check them out. Yea Scottrade is pretty boss.

Have you gone over to Scottrade Elite?

I feel a bit bad.. I use Scottrade Elite but make the final trades on BofA

Like I'm robbing Scottrade lol

Insider · 12-03-2009, 01:32 PM

Hey guys, we just started a new stock picking website www.insiderpicks.com If any of you are interested in a good place to find new stock ideas, I think you will find it very helpful!

vasaline · 12-03-2009, 07:58 PM

Seems like a good website. Are you the one doing the research behind the picks?

Insider · 12-04-2009, 06:20 PM

Quote:

Originally Posted by vasaline

Seems like a good website. Are you the one doing the research behind the picks?

Yep, sure am

TwoSaints · 12-04-2009, 06:53 PM

how about some sample picks before I spend $200.00 ???

10-26-2009, 12:51 PM	#221
MJC///M3 Colonel 89 Rep 2,323 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	You can do a variety of online brokers. Scottrade is real good, I use that for day-trading, it has a real neat interface. Charts, graphs, historical price data, trend analysis. I also have a Schwab brokerage account for more "long-term" investments. Are you referring to www.sec.gov?? You can find pertinent reports on that site I believe...10K...etc. __________________ "You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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10-26-2009, 03:26 PM	#222
Spoolin335 Justin Herass 354 Rep 1,205 Posts Drives: X6M / M3 Join Date: Nov 2008 Location: Canada iTrader: (7) Garage List 2015 BMW M3 [0.00] 2012 Audi TTRS [10.00] 2012 BMW X6M [9.00] 2007 BMW 335i [9.00]	buy low, sell high. works for me.. i do all my trades online, very easy and quick. __________________
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10-26-2009, 04:12 PM	#223
oldaccount Colonel 169 Rep 2,455 Posts Drives: Car Join Date: Jun 2006 Location: USA iTrader: (2)	1. Buy high 2. Sell low 3. ???? 4. Profit. Best Regards, Suareezay
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10-26-2009, 04:23 PM	#224
yomama69 Banned 62 Rep 688 Posts Drives: 2007 E90 335i Join Date: Jan 2009 Location: Austin, Texas iTrader: (0)	Read Prospectuses.
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10-26-2009, 04:27 PM	#225
ejazbmw blahhh 311 Rep 6,355 Posts Drives: 2014 M235I Join Date: Apr 2007 Location: NJ/NY iTrader: (7)	i've been talking to one of my finance professors hes gonna help me get start actually so im pretty excited....and thanks for some the tips
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10-26-2009, 05:40 PM	#226
fdsasdasdf Captain 129 Rep 778 Posts Drives: 330Ci ZHP 6sp Join Date: Apr 2009 Location: Raleigh, NC iTrader: (0)	There is a looooot of stuff that goes into stocks. In the end it boils down to buy low sell high, but in order to do that you must understand many financial terms and concepts.
	Appreciate 0 Quote

10-26-2009, 05:43 PM	#227
Jammin Jason We run LA 100 Rep 352 Posts Drives: Slow E90 Join Date: Jun 2008 Location: Socal iTrader: (0) Garage List 06 E90 [0.00]	give investments to a stock broker and watch that money tree grow! best regards, jason __________________ HATERS GONNA HATE
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10-26-2009, 05:58 PM	#228
Spoolin335 Justin Herass 354 Rep 1,205 Posts Drives: X6M / M3 Join Date: Nov 2008 Location: Canada iTrader: (7) Garage List 2015 BMW M3 [0.00] 2012 Audi TTRS [10.00] 2012 BMW X6M [9.00] 2007 BMW 335i [9.00]	All i look at is the trends and read into the company. I dont look at the P/E ratio, or the EPS or any of that crap. I'm not going to buy a stock just because it has a low P/E ratio... I find if you pick a bunch of stocks and watch them, you will learn when its a good time to buy based on the trends. Also if a company is going to release their quarterly earnings and you know the company is doing well, odds are the share price might jump up a bit. If a company is getting bought out by another company, thats also usually something you would want to jump on. Company being bought usually goes up. Take the Petro Canada, and Suncor deal for example.. or one thats been in process for months is the Agrium and CF Industries deal. Its really not as complicated as people make it sound. Ive made 100% profit in 6 months using the same methods i described above. Just FYI, you probably want to stay away from penny stocks and ETF's until you understand more about the market, as they are usually for day traders. Buying into anything oil related will probably make you some coin. __________________
	Appreciate 0 Quote

10-27-2009, 02:24 AM	#229
persian54 Lieutenant General 970 Rep 15,818 Posts Drives: M760/G83M4 Join Date: Jun 2009 Location: The Valley, SoCal iTrader: (298)	http://www.investopedia.com/?viewed=1 your friend __________________ From E93 335i to E89 Z4 to E93 M3/E89 Z4 to E350/SL550
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10-27-2009, 05:16 AM	#233
Vudoo4u2 Night Sh1ft 471 Rep 3,079 Posts Drives: F95 X5MC LCI Join Date: Oct 2007 Location: It's bobsled time iTrader: (3) Garage List 2024 BMW X5M Compet ... [0.00]	stop by tdameritrade.com I had an account there for a number of years and had a fantastic experience. Ive even called them @ 2am regarding IPOs and they answered instantly. The fees are relatively low @ I think 9.99 per trade? which if youre trying to learn, you should be doing some research first, finding general sectors of the market you think will do well relative to the world, and then pick a company within that sector that you research to be outperforming vs its competition. some great sites for market info, and some great reads on a daily basis: -ft.com -wsj.com -bloomberg.com bloomberg is usually a rehash of some ft and wsj articles, but you can get some great macro market news out of this. once you find a sector that interests you, you can go to finance.yahoo.com and delve a little deeper into stocks within that sector, and you can start to do some more one on one research into companies in that area of the market. rule #1, just because you like it as a person, doesnt mean its a good investment. rule #2, just because a company is doing well, doesnt make it a good investment, it has to be doing well, and be undervalued for you to want it (the game is in valuation) rule #3, once you make a decision, start small, buy a share to see how it goes, set an upside and a downside performance goal. (for reference: 20% is a very aggressive goal, 10% would be a stellar year, perhaps start with 10% up or down) rule #4, no matter what a stripper tells you, dont buy penny stocks if you talk to the tdameritrade person on the phone and tell them you are starting and want to see how it goes, request a few free trades, and I am sure they will oblige to waive your first few trade fees. as a general market quickie for you: -rumors of federal reserve reconsidering its wording in reference to "extended period" of low rates...ie...they want to possibly raise interest rates sooner than they expected, which means that they are starting to get more concerned with inflation, than a recession -the dollar is very weak, which is allowing our exports to flourish currently and it is fueling our market recovery, but beware, once the fed starts to nod at raising rates, the dollar will likely strengthen, and you will see some treasury related moves that may put pressure on equities -some sectors that have outperformed as of late are the tech sector, companies like apple + intel have reported very strong earnings this quarter with good outlooks. financials have outperformed largely due to government assistance to help them out of the turmoil the fastest. disclosure: i am long apple stock, and all the above are my OPINIONS only, brought together by no other basis than my own meandering experience __________________ "Your first 10,000 photographs are your worst.” ― Henri Cartier-Bresson**
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10-27-2009, 09:27 AM	#235
jaiman Captain 22 Rep 658 Posts Drives: very fast Join Date: Jul 2007 Location: Toronto iTrader: (0)	If you can't calculate the risk adjusted return of your trading, you shouldn't be doing it.
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10-27-2009, 09:32 AM	#236
ejazbmw blahhh 311 Rep 6,355 Posts Drives: 2014 M235I Join Date: Apr 2007 Location: NJ/NY iTrader: (7)	some good advice here guys thanks a lot. I now just have to make up my mind on how much money am i willing to lose lol
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12-03-2009, 01:32 PM	#239
Insider Captain 14 Rep 710 Posts Drives: 2007 335i Join Date: Jul 2006 Location: 4,500 feet above sea level iTrader: (0)	Stock Market - Stock Picks Hey guys, we just started a new stock picking website www.insiderpicks.com If any of you are interested in a good place to find new stock ideas, I think you will find it very helpful! __________________ http://www.insiderpicks.com - The world's best stock picks.
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12-03-2009, 07:58 PM	#240
vasaline Private First Class 8 Rep 167 Posts Drives: 06 M Roadster Join Date: May 2009 Location: So. Cal iTrader: (0)	Seems like a good website. Are you the one doing the research behind the picks?
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12-04-2009, 06:53 PM	#242
TwoSaints Second Lieutenant 9 Rep 227 Posts Drives: E90 M3 Join Date: Jan 2009 Location: Beaumont, Texas iTrader: (0)	how about some sample picks before I spend $200.00 ???
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